Account balances from the Boilermakers Company are as follows: Manufacturing Overhead $240,000 underapplied Work in Process  100,000 Finished Goods  300,000 Cost of Goods Sold  800,000 Question: If underapplied or overapplied overhead is immaterial, Cost of Goods Sold after adjustment would have a balance of?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 4PA: During March, the following costs were charged to the manufacturing department: $14886 for...
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Account balances from the Boilermakers Company are as follows:

Manufacturing Overhead $240,000 underapplied
Work in Process  100,000
Finished Goods  300,000
Cost of Goods Sold  800,000


Question: If underapplied or overapplied overhead is immaterial, Cost of Goods Sold after adjustment would have a balance of?

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